St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-11-02
THE COMMERCIAL RECORD.
On the Chicago Board the Chief Feat
ure Was the Smallness OF
Deliveries,
Which Indicated That There We're
Very Few Open Contracts for
October.
Transactions in the Financial Circles
of Wall Street.-The General
Quotations.
Special to the Globe.

Special to the Globe.
CHICAGO, Nov This was delivery day,
and trading did not begin until 10 80. Less
than 100000 bushels of grain of all kinds
was started out in satisfaction of November
contracts, and in provisions deliveries
amounted to next to nothing. In truth. the
Chicago stocks of grain and hog products are
at a low ebb, and spectators are not called
on to do much carrying. The sentiment at
the opening was bearish in wheat. Receipts
at primary points loom into big figures, ar
rivals to-day reaching nearly 100000
bushels. Minneapolis and Duluth get the
bulk of the new wheat that is coming in
sight.
Cables were rather soft, but English statis-
ties were rather bullish. Liverpool reports
decrease of $4,000 bushels in stocks during
the month of October. Other points are slow
coming in.
Bidders found little wheat for sale in the
pit this morning. What was offered was
picked up by Kennel, Ludblom
and few other good people.
the foreigners beng in the market, it is said,
with large open orders. Jones' Mccormick
& Kennel were the best buyers However,
many of the scalpers who were sellers early
bought in their wheat later in the day at loss
The improvement in the market was gradual
but it was sure as the advance Of the tide.
The bears and scalpers had nothing to do
but retreat or buckle on life preservers. The
lowest prices were at the opening. The re-
actions were slight and the l o'clock quota
tions were about the top. The tone OF the
market during the last hour was decidedly
bullish Corn was steady at the opening and
advanced on light receipts A@$sc. There
was no conspicuous invividual trading
n nd
pers were doing little. They had orders, but
were holding back for better rates. Vessel
capacity is in good supply and rates are wa
vering. Provisions doomed, quietly but
strong. There was slight decline from the
top figures, but the market ruled firm
throughout, local stocks are estimated at
10000 bbls of pork, 1000 tierces of contract
lard, and 5000, 900 to 10000, 900 lbs Of ribs.
Lake engagements were reported for $4,000
bu of corn. l33 600 bu of fax seed and g.
900 bu of rye; rates, 47sc on corn, and 5l2c
for wheat Estimated receipts to-day were
6S cars of wheat, 30 cars of corn and 135
ears of oats.
THE ROUTINE REPORT.
CHICAGO, Nov. 1.-The chief feature of in
terest on the board of trade to-day was the
smallness of the deliveries. There were only
$4,000 bu of wheat going around on the
morning delivery. Corn or provisions were
practically nothing at all. The lightness of
this monthly delivery was cause of general
comment and indicates that there were very
few open October contracts. Trading
jumped from october to December. there be-
ing marked disposition to ignore November.
In the wheat pit local scalpers took hold
with great deal of vim, and notwithstand
ing large sales by houses said to be operating
on foreign account, decidedly publish tone
was developed. By l ?. M advances Of
ss05sc over yesterdays final figures had
he'd agah in fh0 lorn cAC cia
there was a further gain of 1s0hc.
December opened 1sc higher at 75c, and sold
at 73Isc, at 73c and then 73sSQ13l2c to-
gether, to 73A@739sc, to 73l2@13ssc, the
closing price. Corn was active by spurts,
with the feeling frmer; ruled quiet, though
was moderately active at times, with the
feeling firmer. Market opened at yesterdays
closing prices, frmed up some with wheat
advancing l2c, reacted upon increased offer
ings and closed ls@14c higher than yester-
day Stocks of contract corn in store here
decreased 7S6, 72S Blu. Receipts were less
than anticipated, and arrivals for tomorrow
show some decrease. May opened at 447sc,
sold to 45c, to 447Bc, to 45lsG454c together,
to 45c. and closed at 1850. In oats there
was fair speculative trade and the market
was very steady. The condition of the other
dency to create some degree of
strength. Prices, however, did not
fluctuate much or change materially.
The provision trade attracted more than or
GlDdTy dIlSuklOu. OuutT lu6 l6dQ VI OuuuuIS
pork, which was 'bulled" by couple of
prominent speculative traders who failed to
realize on their holdings on last weeks bulge,
the entire market assumed strong front
The advance movement was also assisted by
advices from the stock yards and the indif-
ferance, if not reluctance, shown by ma
jority of packers to sell for forward delivery
against their anticipated winter manufacture
The market showed decided strength, and
January, the leading future, advanced 17I2c
on pork, sc on lard and 7l2c on short ribs
January pork ranged at $12.40Q12.6 2l2;
lard, SO. 30@6.37l2, and short ribs at So. 300
$40. Pork for the same month closed at
S12.55 bid; lard at $3.50 asked. and short
ribs at Sc. 32@635.
THE QUOTATIONS.
The leading futures ranged as follows:
Wheat-No 2, November, 1ssc, closing at
T2sSc: December, 73c. closing at 13l2c; Jan
uary, 1850 closing at 1880; May, 7Ss4c,
closing at 1880. COrn-No. 2, November, Ale,
closing at 4114c; December, 41c, closing at
417s; January, Al, closing at 4llse; May,
447sc closing at 45lsc. 0ats-No. 2, Novem-
Der. 25ssc, closing at 25I2c; December, clos
ing at 255sc; May. 29I2c, closing at 295sc.
Mess pork, per Dbl, January, S12.4O, clos
ing at $12.55; February, closing at S12.65.
Lard, per 100 lbs, November, s6.22l2, clos
ing at $3.50; December S6.3212 closing at
$3.50: January, $3.50, closing at Sc. 35
May, S6.62l2, closing at S6.65. Short ribs,
per 100 lbs, January, $3.50, clos
ing at S632l2; February, closing at S6.40.
Cash quotations were as follows: Flour
unchanged, steady No. spring wheat Il so
re; No. 3 spring wheat Csc; No. 2 red, 72l2c.
Corn-No. 3. 417Sc Oats-No 2, 25l2c Rye
No. 3, 51l2c. Barley-No. 2, 72l2e. Flax
Seed-No. /. $1.11ls. Prime timothy seed,
$3.50 bid. Mess pork, per Dbl, $12.75@13.
Lard, per 100 lbs, S6.3212@635. Short rib
sides, Ooose), $3.50. Dry sailed shoulders
(boxed), S5@5. 25. Short clear sides (boxed),
Sc. S006 SIS. Whisky, distillers' finished
goods, per gal. S1.10. Sugars, cut loaf, &c
asked: granulated. Csc asked; standard "a"
6IRc asked. Receipts-Flour, $4,000 bbls;
wheat, $4,000 blu: corn, $4,000 bu; oats,
$4,000 bu; rye. 1000 bu: barley, $1,000
bu. Shipments-Flour, 10000 bbls: wheat,
$4,000 bu: corn, 1S4,0 bu; oats, 2,221 bu;
rye, bu; barley, Al blu. On the produce
exchange to-day the butter market was
steady; creamery, 1S@22c. Eggs firm; fresh
laid lSI9c